US spending on luxury brands down 6% on year Luxury demand "fragile" after US election Moves could erode profit margins PARIS ...

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J.P. Morgan analyst Chiara Battistini maintained a Buy rating on EssilorLuxottica SA (0OMK – Research Report) today and set a price target of ...

Capri Holdings CPRI.N may have to let go of its image as a luxury fashion house and bank on mid-tier pricing as well as a partnership with ...

LVMH Moët Hennessy Louis Vuitton (LVMUY) (FR:MC) stock fell sharply after the luxury giant reported lackluster sales in Q1 ...

Prada S.p.A. acquires Versace for $1.37B from Capri Holdings Limited, aiming to revive the undervalued brand. Click for who ...

The Prada Group has agreed to buy rival Versace from the U.S. luxury group Capri Holdings in a deal valuing the Milan fashion ...

Prada is seeking to expand, having defied a slowdown in luxury demand, while Versace has been operating at a loss in recent quarters ...

Prada said Thursday that it had reached a deal to buy Versace for 1.25 billion euros ($1.38 billion), building a new Italian fashion powerhouse and hoping to insert much-needed "spark" ...

In a groundbreaking move that’s set to reshape the global fashion landscape, Prada has officially acquired Versace, one of ...